Niall Ferguson Quotes

The Abyss. Globalization Had Many Economic Benefits But, As In Our Own Times, The Creation Of A Truly International Economic Network Combined Greater Efficiency With Greater Fragility. In 1914 A Highly Optimized System Crashed In What Was, Without Doubt, The Biggest Financial Collapse Of All Time. (Unlike In 1929 Or In 2008, The World's Major Stock Markets Were Forced To Suspend Trading For No Less Than Five Months.)

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